Latest research report on “Tokenization Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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Tokenization is the process of turning a sensitive data, such as an account number, into a random string of characters called a token that has no sensitive data if breached. Tokens are then sent to an organizations internal systems for use, serve as reference to the original data, and cannot be used to guess those values.
This report contains market size and forecasts of Tokenization in Global, including the following market information:
Global Tokenization Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Tokenization market was valued at 1173.7 million in 2021 and is projected to reach US$ 2667.1 million by 2028, at a CAGR of 12.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Service Tokenization Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tokenization include Thales, American Express, Hewlett-Packard Enterprises, Lookout (CipherCloud), Futurex, Protegrity, TokenEx, Fiserv and Global Payments and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tokenization companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tokenization Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Tokenization Market Segment Percentages, by Type, 2021 (%)
– Service Tokenization
– Software Tokenization
Global Tokenization Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Tokenization Market Segment Percentages, by Application, 2021 (%)
– IT, Telecom and Media
– Healthcare and Pharma
– Government and Defense
Global Tokenization Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Tokenization Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Tokenization revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Tokenization revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– American Express
– Hewlett-Packard Enterprises
– Lookout (CipherCloud)
– Global Payments
– Visa (CyberSource)
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